Monday, October 24, 2011

College Students Boo Call For European Finance Ministry

Speech today by outgoing ECB president Trichet in which he called for the formation of a European Ministry of Finance coupled with what is essentially a requirement for the abdication of national sovereignty of those less than worthy countries, together with some less than flattering commentary. It appears a few people at least were not too happy with the call for the formation of the United Empire of Europe, at Humboldt University where the speech was delivered. Bloomberg reports that the "ECB president interrupted during speech in Berlin. Banners held up by students in audience reading “no more money for banks,” and “say no to debt tyranny.” We hope to bring readers a video as soon as one is available. The transcription is linked below. What this means is the experiment of the Euro zone won't make it just like the Soviet Union.

Http://www.zerohedge.com/news/trichet-repeats-call-european-finance-ministry-abdication-national-sovereignty

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